{"id":55384,"date":"2025-10-31T13:38:50","date_gmt":"2025-10-31T17:38:50","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/"},"modified":"2025-10-31T13:38:50","modified_gmt":"2025-10-31T17:38:50","slug":"market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/","title":{"rendered":"Market Mixed as Fed Absorbs Liquidity, Orange Expands, and Apple Target Rises"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/#Market_Snapshot_S_P_500s_Intraday_Volatility\" >Market Snapshot: S&amp;P 500&#39;s Intraday Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/#Federal_Reserves_Liquidity_Management\" >Federal Reserve&#39;s Liquidity Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/#Orange_to_Consolidate_MasOrange_Stake_in_Spain\" >Orange to Consolidate MasOrange Stake in Spain<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/#HSBC_Boosts_Apple_Price_Target\" >HSBC Boosts Apple Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-mixed-as-fed-absorbs-liquidity-orange-expands-and-apple-target-rises\/55384\/#Tomahawk_Missiles_for_Ukraine_DOD_Approval_Trumps_Hesitation\" >Tomahawk Missiles for Ukraine: DOD Approval, Trump&#39;s Hesitation<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a><\/strong> experienced an intraday dip, briefly turning negative by <strong>0.06%<\/strong>, before ultimately closing higher by <strong>0.46%<\/strong> on strong earnings.<\/li>\n<li>The <strong>New York Federal Reserve<\/strong> absorbed a substantial <strong>$51.802 billion<\/strong> from <strong>25 counterparties<\/strong> in its overnight reverse repurchase (ON RRP) operation on October 31, a significant increase from the previous operation.<\/li>\n<li>French telecom giant <strong>Orange<\/strong> (<a href=\"\/stock\/ORAN\">ORAN<\/a>) announced its intention to acquire the remaining stake in its Spanish joint venture, <strong>MasOrange<\/strong>, for <strong>\u20ac4.25 billion<\/strong> in cash.<\/li>\n<li><strong>HSBC<\/strong> raised its price target for <strong>Apple<\/strong> (<a href=\"\/stock\/AAPL\">AAPL<\/a>) shares to <strong>$250<\/strong> from <strong>$220<\/strong>, maintaining a &quot;Hold&quot; rating.<\/li>\n<li>The <strong>U.S. Department of Defense (DOD)<\/strong> has reportedly approved the transfer of <strong>Tomahawk missiles<\/strong> to Ukraine, though the final decision remains with President Trump, who has expressed reservations.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Market_Snapshot_S_P_500s_Intraday_Volatility\"><\/span>Market Snapshot: S&amp;P 500&#39;s Intraday Volatility<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>S&amp;P 500 Index<\/strong> (<a href=\"\/stock\/SPX\">SPX<\/a>) saw some intraday fluctuation on Friday, October 31, initially turning negative and briefly falling by <strong>0.06%<\/strong>. However, the market later rebounded, with the index ultimately closing up <strong>0.46%<\/strong> for the day. This positive close was largely driven by robust earnings reports, with <strong>Amazon.com<\/strong> (<a href=\"\/stock\/AMZN\">AMZN<\/a>) notably surging over <strong>11%<\/strong> after reporting strong third-quarter net sales and an optimistic fourth-quarter forecast. The S&amp;P 500 has shown resilience, gaining over <strong>2%<\/strong> for the month of October and nearly <strong>20%<\/strong> year-over-year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Federal_Reserves_Liquidity_Management\"><\/span>Federal Reserve&#39;s Liquidity Management<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>New York Federal Reserve<\/strong> conducted its overnight reverse repurchase (ON RRP) operation on October 31, accepting <strong>$51.802 billion<\/strong> from <strong>25 counterparties<\/strong>. This figure represents the full amount submitted to the facility and marks a notable increase from the previous operation&#39;s <strong>$19.166 billion<\/strong> from 18 bids. Reverse repo operations are a key tool used by the Federal Reserve to temporarily reduce the supply of reserve balances in the banking system, helping to keep the federal funds rate within the target range set by the Federal Open Market Committee (FOMC).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Orange_to_Consolidate_MasOrange_Stake_in_Spain\"><\/span>Orange to Consolidate MasOrange Stake in Spain<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>French telecommunications company <strong>Orange<\/strong> (<a href=\"\/stock\/ORAN\">ORAN<\/a>) has moved to consolidate its position in the Spanish market, announcing its intention to acquire the remaining stake in its joint venture, <strong>MasOrange<\/strong>, for <strong>\u20ac4.25 billion<\/strong> in cash. This development follows earlier reports of Orange proposing a <strong>\u20ac4 billion<\/strong> offer in July 2025, and subsequent reports of a dismissed <strong>\u20ac4.8 billion<\/strong> bid in mid-October. The initial merger between Orange&#39;s Spanish unit and MasMovil (owned by Lorca JVCO) in 2022 created Spain&#39;s largest mobile operator, serving over 30 million customers. This acquisition underscores Orange&#39;s strategy to streamline its European operations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"HSBC_Boosts_Apple_Price_Target\"><\/span>HSBC Boosts Apple Price Target<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a positive signal for the tech giant, <strong>HSBC<\/strong> has raised its price target for <strong>Apple<\/strong> (<a href=\"\/stock\/AAPL\">AAPL<\/a>) shares to <strong>$250<\/strong> from its previous <strong>$220<\/strong>, while maintaining a &quot;Hold&quot; rating on the stock. This adjustment comes as analysts continue to evaluate Apple&#39;s performance and future prospects. Earlier in the year, in July 2025, HSBC had already increased its target price for Apple from <strong>$180<\/strong> to <strong>$220<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tomahawk_Missiles_for_Ukraine_DOD_Approval_Trumps_Hesitation\"><\/span>Tomahawk Missiles for Ukraine: DOD Approval, Trump&#39;s Hesitation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a significant geopolitical development, the <strong>U.S. Department of Defense (DOD)<\/strong> has reportedly approved the transfer of <strong>Tomahawk missiles<\/strong> to Ukraine. However, the ultimate decision rests with President Trump. Reports from mid-October 2025 indicated that while Trump did not rule out providing the long-range missiles after a conversation with Russian President Vladimir Putin, he later declined Ukraine&#39;s request during a meeting with Ukrainian President Volodymyr Zelenskyy. President Trump cited a preference for diplomacy and concerns about escalating the conflict, despite the potential for Tomahawks to significantly aid Ukraine&#39;s defense efforts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The S&amp;P 500 experienced an intraday dip, briefly turning negative by 0.06%, before ultimately closing higher by 0.46% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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